WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife Social Network.
The New York Cannabis Market Continues to Soar Image Cannabis NewsDecember 11, 2024 The New York Office of Cannabis Management held a Control Board Meeting today that was broadcast online. Two months ago, we provided an update regarding the state’s strong growth in adult-use sales, and this extremely bullish story has become even more bullish. Sale
Recreational marijuana sales stabilize in October following sharp September drop Image Cannabis NewsDecember 10, 2024 Arizona’s recreational marijuana market showed signs of stabilization in October, with dispensaries selling $75.3 million in adult-use cannabis products, up from September’s $67.3 million, according to the latest data from the Arizo
Press Release: Ridder announces partnership with NAVUS CEA Enterprises Image Cannabis NewsDecember 10, 2024 Ridder is proud to announce a strategic partnership with Navus CEA Enterprises, a family-funded investment company with a proven track record in controlled environment agriculture (CEA). Building on a history of successful collaborations as c
These 2 Marijuana Stocks Could Surge Under Trump's Second Term Image Cannabis NewsNovember 21, 2024 The legal cannabis market is projected to reach $102.2 billion globally by 2030, growing at a sizzling 25.7% annual rate, according to a report by Grand View Research. This dramatic growth is expected even without U.S. federal support, but that equat
Coalitions and advocates want to see marijuana decriminalized Image Cannabis NewsNovember 21, 2024 In 2022, LEX 18 reported on pushes for the decriminalization of marijuana in the commonwealth and the next year there was a lot of discussion about medical marijuana. Now, in 2025, Kentucky will begin a medical cannabis program. But advocates like Rob
Beer Industry Group Pushes Tighter Regulations For Cannabis Products—And Higher Taxes Than Are Levied On Alcohol Image Cannabis NewsNovember 20, 2024 A leading beer industry trade group has put out a statement of guiding principles to address what it calls “the proliferation of largely unregulated intoxicating hemp and cannabis products,” warning o
Two-thirds of Minnesota social equity cannabis license applicants denied for inadequate documentation, some shenanigans Image Cannabis NewsNovember 20, 2024 A lot of the rejected applicants are “zone flooders or predatory applicants or who do not meet the letter of the law around ownership requirements and expectations.” State cannabis regulators h
Michigan cannabis prices hit another record low, but industry believes turnaround imminent Image Cannabis NewsNovember 19, 2024 The price compression is largely attributed to product oversupply, but the illicit markets also plays a role. Michigan marijuana prices dropped another 6% in October, setting yet another record low and putting more pressur
Cannabis centre plans to 'tap into global sector' Image Cannabis NewsNovember 18, 2024 Cultivating medicinal cannabis on the Isle of Man provides an opportunity to "tap into a global sector”, the a firm set to build a new production facility has said. GrowLab Organics (Glo) was recently given permission by planners to construct a purpose-built comp
New York cannabis office approves a 6-month extension for CAURD provisional licenses Image Cannabis NewsNovember 13, 2024 The New York state Office of Cannabis Management approved a six-month extension for provisional licenses for retailers with former marijuana convictions who want to open a recreational store, the office announced Tuesday. Condit
Why Cronos, Curaleaf, Green Thumb, and More Cannabis Stocks Are Spiking Today Image Cannabis NewsNovember 13, 2024 Cannabis stocks got a shot in the arm today after former New Jersey governor Chris Christie said in an interview that President-elect Donald Trump’s pro-business agenda would most likely include descheduling marijuana, which would be a
Connecticut Cannabis prices fall as sales increase Image Cannabis NewsNovember 13, 2024 The average Connecticut price per gram of cannabis continued to decrease in October. While the data from last month marks the fourth straight month where prices have fallen, the number of adult-use products sold last month increased, continuing a mixed trend. Th
Billions Wiped of US Cannabis Companies’ Market Value Amid Mixed Financial Performance in Q3 Image Cannabis NewsNovember 12, 2024 US cannabis companies have endured a significant selloff in the days following the results of the election, seeing $2.6bn wiped off their collective market capitalization. The selloff comes as a swathe of leading compani
Missouri’s $1.4 billion cannabis market outpaces states with older programs Image Cannabis NewsNovember 12, 2024 In less than two years of selling legal recreational weed, Missouri’s cannabis market has grown to $1.4 billion — outperforming states with a longer history of marijuana legalization like Arizona, Colorado and Nevada. “Those are mature m
Italy plans to restrict nascent 'cannabis light' industry Image Cannabis NewsNovember 12, 2024 Italy's flourishing "cannabis light" industry risks being uprooted this year when Prime Minister Giorgia Meloni pushes a bill through parliament to deflower a crop that is legal across much of Europe. The looming legislation is part of a broad range of me
Future of recreational marijuana sales in Colorado Springs still up in the air as ballot counting continues Image Cannabis NewsNovember 12, 2024 The future of marijuana sales in Colorado Springs hangs by a slim margin. Two initiatives on the ballot, question 2-D and question 300, are both leaning in favor of allowing recreational sales in the city
